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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Reconciliation of Basic and Diluted Earnings Per Share

The following is a reconciliation of the basic and diluted earnings per share computation:

 

     Three Months Ended
June 30,
     Six Months Ended
June 30,
 
     2014      2013      2014      2013  
     (shares in thousands)      (shares in thousands)  

Net income

   $ 10,602       $ 12,242       $ 40,806       $ 20,096   
  

 

 

    

 

 

    

 

 

    

 

 

 

Shares of common stock and common stock equivalents:

           

Weighted averages shares used in basic computation

     131,533         125,771         131,235         125,605   

Dilutive effect of stock options and unvested restricted stock

     6,725         14,310         7,266         14,111   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted averages shares used in dilutive computation

     138,258         140,081         138,501         139,716   
  

 

 

    

 

 

    

 

 

    

 

 

 

Basic earnings per share

   $ 0.08       $ 0.10       $ 0.31       $ 0.16   

Dilutive earnings per share

   $ 0.08       $ 0.09       $ 0.29       $ 0.14